Finanzas ComercialesPregunta 1218 de 1632
A contractor's fixed monthly overhead is $12,000. In a slow month he completes work generating only $9,000 of contribution margin. His result for the month is:
a.A $3,000 profit
b.A $3,000 loss
c.A $21,000 loss
d.Break-even
Explicación
Contribution margin ($9,000) minus fixed overhead ($12,000) = -$3,000. Because contribution did not cover fixed overhead, the month produced a $3,000 loss.
Practica las 1632 preguntas gratis — sin registro.
Own the complete CSLB Law & Business guide — PDF + EPUB, $24.99 →
Preguntas relacionadas de este tema
- A contractor's business is organized as an S corporation. A key financial feature of an S corp is that:
- A C corporation differs from a sole proprietorship in that the C corporation:
- A contractor's bid includes $30,000 labor, $25,000 materials, $15,000 subs, and a 20% markup on the total direct cost. What is the bid price?
- A quick way to see if a business can pay its short-term bills is to check its:
- A contractor buys a $2,400 laptop, a $600 printer, and $150 of paper. Which is most likely expensed immediately rather than capitalized?
- A contractor's contract price is $100,000 with a 15% profit built in. Midway, unforeseen soil conditions add $12,000 of unrecoverable cost. What is the profit on the job now?
Última revisión: · proceso editorial
Equipo de PrepPass · Verificado con California CSLB Contractor License Law & Business Exam · Cómo revisamos
Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)